Revenues of China’s software and information technology (IT) service industry rose to USD 292.23 billion in 2011, a year-on-year increase of 32.4%, the Ministry of Industry and Information Technology (MIIT) said.

The rise was 4.4 percentage points higher than the industry’s average growth rate during the 2006-2010 period.

The country’s software exports increased 18.5 percent from a year earlier to USD 30.4 billion last year.